Dean Investment Associates LLC Grows Stock Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Dean Investment Associates LLC boosted its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 36.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 209,511 shares of the semiconductor company's stock after purchasing an additional 55,781 shares during the period. Dean Investment Associates LLC owned about 0.15% of Vishay Intertechnology worth $3,549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in VSH. Norges Bank acquired a new position in shares of Vishay Intertechnology in the fourth quarter worth about $143,719,000. Vanguard Group Inc. increased its stake in shares of Vishay Intertechnology by 7.9% in the 4th quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock valued at $281,652,000 after purchasing an additional 1,224,112 shares in the last quarter. Cambiar Investors LLC purchased a new position in shares of Vishay Intertechnology in the 4th quarter valued at about $13,173,000. First Eagle Investment Management LLC acquired a new position in Vishay Intertechnology in the 4th quarter worth about $9,046,000. Finally, Charles Schwab Investment Management Inc. boosted its position in Vishay Intertechnology by 26.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,169,246 shares of the semiconductor company's stock worth $36,747,000 after purchasing an additional 459,252 shares in the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Chairman Marc Zandman sold 27,176 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the completion of the transaction, the chairman now directly owns 76,468 shares of the company's stock, valued at approximately $1,290,779.84. This represents a 26.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 8.32% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised Vishay Intertechnology from a "sell" rating to a "hold" rating in a research note on Tuesday, March 18th.

Vishay Intertechnology Price Performance

Shares of VSH traded up $0.36 during mid-day trading on Friday, hitting $11.26. 2,035,178 shares of the company were exchanged, compared to its average volume of 1,722,160. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of -46.90 and a beta of 1.06. Vishay Intertechnology, Inc. has a 1-year low of $10.35 and a 1-year high of $24.69. The company has a 50 day moving average of $15.73 and a 200-day moving average of $16.76. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70.

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.55%. Vishay Intertechnology's payout ratio is currently -166.67%.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.